Common use of Method of Exercise and Payment for Shares Clause in Contracts

Method of Exercise and Payment for Shares. This option shall be exercised by written notice delivered to the Company at its principal office, specifying the number of shares to be acquired upon such exercise, and accompanied by cash payment of the exercise price.

Method of Exercise and Payment for Shares. This option shall be exercised by written notice delivered directed to the Company at its principal office, specifying the number of shares to be acquired upon such exerciseexercise and indicating whether the exercise is being paid for (i) in cash, (ii) in shares of Common Stock already owned by Optionee and accompanied by cash payment valued at their fair market value on the date of exercise of the exercise priceoption, or (iii) by a combination of (i) and/or (ii) above.

Method of Exercise and Payment for Shares. This option shall be exercised by written notice from the Optionee and delivered to the Company at its principal office, specifying the number of shares to be acquired upon such exercise, exercise and accompanied delivering therewith by cash payment wire transfer of funds or a certified check in an amount equal to the exercise price of the option multiplied by the number of shares of Common Stock to be acquired upon such exercise priceof the option by the Optionee.

Method of Exercise and Payment for Shares. This option Option shall be exercised by written notice delivered directed to the Company at its principal office, specifying the number of shares to be acquired upon such exerciseexercise and indicating that the exercise is being paid for (i) in cash or (ii) if applicable, and accompanied by cash payment a commitment by a broker-dealer to pay to the Company that portion of any sale proceeds receivable by the Optionee upon the exercise of the exercise priceOption and sale of underlying shares.